Penn State news by
Penn State's student blog

Topics

More

Hockey Benefactor Terry Pegula May Buy Buffalo Sabres

According to a post from The Hockey News, billionaire Terry Pegula has signed a letter of intent to purchase the Buffalo Sabres. Earlier this year, Pegula donated $88 million for Penn State to start men’s and women’s D1 hockey programs (including the endowment for staff and scholarships to support it).

The Buffalo Sabres have released a statement denying the article, saying,

The report that a $150 million letter of intent has been signed is simply not true.

ESPN correspondent Pierre LeBrun tweeted that minority owner Larry Quinn denies a letter of intent had been signed, but that Pegula definitely has interest in the program.

Pegula’s wife is from Buffalo, and he spent a period of time living in western New York during which he became a Buffalo Sabres fan. Pegula loves hockey and he earned billions of dollars this year… why wouldn’t he want to buy the team? And it’d be hard to see how such a move would be anything but good for Penn State hockey too.

If Pegula doesn’t buy the Sabres, he’ll probably do something else. Maybe it’ll just be a renovation to his house in Boca, but there have got to be some better ideas for what he should buy or donate next.

Your ad blocker is on.

Please choose an option below.

Sign up for our e-mail newsletter:
OR
Support quality journalism:
Purchase a Subscription!

About the Author

Davis

Creator of @OnwardState. Big fan of sweaters.

‘It’s A Great Way To Get Outside & Forget About Homework’: Penn State Club Ski Team Makes Run To Nationals

Penn State’s Club Ski Team took a trip to Lake Placid, New York, to compete in nationals over spring break.

Penn State Alum Taking Passion For Storytelling & Cooking To Next Level

Gabrielle Chappel has taken her skills to FOX’s “Next Level Chef” where she competes on Team Ramsay.

Decorating Downtown: State College Resident Paints Town & Faces

Whether it’s faces or windows, local painter Emily Cooper has you covered.

Follow on Another Platform
113kFollowers
164kFollowers
59.4kFollowers
4,570Subscribers
Other posts by Davis

Penn State and the Process of Life

To paraphrase Mark Twain: The reports of higher education’s death have been an exaggeration. American universities produce more research and relevant knowledge for the world at large than any other institutions I know of. Tuition may be too damn high, but over the long-run, undergraduate degrees are definitely worth the cost. But Penn State could be so much more. It used to be, I think.

Bonded in Blue, White, and Worry

43 Simmons